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Challenges of Electronic Arbitration in Electronic Commerce transactions

Journal: Multi-Knowledge Electronic Comprehensive Journal For Education And Science Publications (MECSJ) (Vol.2017, No. 2)

Publication Date:

Authors : ;

Page : 122-131

Keywords : Electronic arbitration; transactions; challenges; disputes; e-commerce; resolution.;

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Electronic arbitration is inseparable from the advancement of electronic commerce besides cross-border trade transactions. Merchants in such transactions require an efficient, cost effective, and swift dispute resolution mechanism. Therefore, online arbitration is gaining prominence as it is deemed to be a private and a faster means of solving e-commerce disputes. Research indicates that an increasing number of both domestic and international regulations are adhering to the rules governing electronic arbitration. However, just like e-commerce, e-arbitration is also encountering certain challenges that may hinder its efficient operation. This paper will discuss exhaustively the challenges of electronic arbitration e-commerce.

Last modified: 2018-06-04 20:58:52